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Bennett County, SD · Sold

SD-529963

3001 County Road 53

$1,025,500
$684/ac · 1,499 ac
Acreage1,499 ac
Price per acre$684/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedDec 14, 2024
Coordinates43.1723, -101.5772
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Bennett County, South Dakota. West River grazing and Black Hills recreational parcels.

View Bennett market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope21.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,106 ft away

A long utility run — price in solar/off-grid instead.

Buildable area888.77 of 1499.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,373,239
$1,168,868$1,577,610 · $916/ac on 1,499 ac
Asking vs estimate
-25.3%
Priced below the comp set

Weighted from 4 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,025,500
Maximum allowable offer
$784,708
$523/ac · +30.0% target margin

You need $240,792 off asking to hit this margin.

All-in cost$851,408
Net resale$1,263,380
Projected profit$411,972
ROI+48.4%
Annualized+69.2%
Break-even resale$617/ac
Profit if resale lands off target
-20%
$159,296
-10%
$285,634
0%
$411,972
+10%
$538,310
+20%
$664,648
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-509355
Dirt · Power at road
965.1Jan 16, 2025$1,620,1001,6791,0481.0 mi
75
SD-578019
Dirt · Power at road
366.7Apr 1, 2026$816,9002,2289877.7 mi
63
SD-656928
Landlocked · Off grid
166.3Oct 11, 2025$214,5001,2896924.9 mi
61
SD-157632
Gravel · Full utilities
277.0May 26, 2025$836,4003,0199009.5 mi
54
Show adjustment detail for the top comp
  • Tract size (965.15 ac → 1499.27 ac)-12.8%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (19 mo)+6.6%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.